Analyst - Capital Accounting

6 days ago


Toronto, Canada CInnVest Hotels GP Ltd. Full time

**THE OPPORTUNITY**:
ANALYST, CAPITAL ACCOUNTING

REPORTS TO CAPITAL CONTROLLER

**THE COMPANY**:
With over 100 hotels in our portfolio, representing 18 internationally recognized hotel brands, InnVest is the largest independent owner of hotels in Canada. In addition, our management team oversees the day-to-day activities of 87 hotels also making InnVest the largest independent operator of hotels in Canada. InnVest’s portfolio is geographically diverse with hotels from Vancouver, BC to Corner Brook, NL but also experientially diverse from roadside inns to luxury urban properties.

At InnVest, our mission is simple - to deliver outstanding guest experiences and superior returns on quality hospitality investment. A career at InnVest will provide you with unrivaled opportunities and invaluable exposure to Canada’s largest independently-owned and operated hotel portfolio.

**THE ROLE**:
The Analyst, Capital Accounting position is generally responsible for supporting the activities of the Capital Projects team and directly supports the Capital Controller. Specifically, the role is directly responsible for validating the accuracy, completeness and compliance of the requests for capital expenditures that come from the hotels and Capital Project team. The analyst also ensures that the accounting entries are prepared accurately on a timely basis and the account reconciliations are performed regularly against budget and forecast.

**ACTIVITIES**:

- Timely audit the capital approval requests within the Quick Base system to ensure that information is accurate, complete and in compliance with the hotels’ approved capital budgets and InnVest’s established policies and procedures
- Perform the administrative functions that are related to business processes and procedures in Quick Base.
- Audit of capital purchase orders and invoices within the Yooz system on a timely basis to ensure accuracy and resolve discrepancies (follow up with vendors, procurement, hotels as needed)
- Validate the Accounting code of all capital invoices to allow for payment processing
- Assist the Capital Controller in the completion of various tasks and contribute to the success of InnVest’s capital plans.
- Assist in the preparation of capital progress and project reporting as necessary
- Handle day-to-day issues as they arise
- Responsible for identifying and communicating capital, system and/or accounting issues as they arise to management
- Perform responsibilities in compliance with internal control environment
- On an ongoing basis, monitoring and reviewing processes and procedures and recommend changes as appropriate to improve internal controls and /or efficiencies
- Willingness to work extended hours during reporting peak periods

**COMPETENCIES WE ARE SEEKING**:
Academic/Education Requirements:

- Bachelor’s degree preferably in Accounting, Commerce or Business Administration
- Working towards completion of a professional accounting designation preferred

Knowledge, Experience and Skills Requirements:

- Accounting experience in Real Estate or Construction industry preferred
- Strong attention to details and analytical skills
- Strong time and self-management skills with the ability to meet critical deadlines
- Strong communication and interpersonal skills as well as the ability to effectively liaise/coordinate with other departments
- Ability to work independently as well as part of a team
- Belief in continual process improvement, but you must be ready to jump in to handle urgent problems as they occur
- Strong oral and written communication skills
- Ability to analyze accounting records, adopt methods needed to solve accounting problems
- Flexible team player who is willing to help whenever possible
- Intermediate to advanced experience with Microsoft 365.
- Experience with Accounting software is an asset

Mental Effort required to perform the job:

- Frequent mental and visual concentration during computer work daily.
- Frequent listening and mental attentiveness in dealing with Vendor, Customer or Public, and Manager’s requirements.
- Frequent mental effort required in multi-tasking and handling interruptions that require constant refocusing.

**Physical Effort required to perform the job**:

- Continuously requires manual dexterity speed and hand/eye coordination to operate computer systems daily.
- Periodic lifting of computer hardware and office administration materials such as physical files, binders, banker boxes, etc.

**Responsibility for Resources**:

- Responsible for work area.
- Responsible for confidential Procurement documents, equipment, and protocols related to the company.

**Working Conditions**:

- Continuously working at a workstation assigned by the Manager.
- Continuously working in a climate-controlled office.
- Infrequent travel to properties, as required.
- Flexible working hours, as required.

Type of Supervision Required
- Works under general instructions to prioritize and complete assigned tasks.

**Benefi



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